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With a little math, we are not-too-many years from the world's first US$ trillionaire. Using Mr. Bezos as the example: US$ 72,000,000,000 Annualized gain of, say, 10% on AMZN stock Over a period of 27.6 years 1.1^27.6 * US$72,000,000,000 = ~US$ 1,000,000,000,000 Just in time for his 80th birthday.
Earlier quoted context omitted.
Seattle* is an anomaly. Roughly the 100th city worldwide by size, yet has 2 of the 5 largest companies in the world by market cap. * Technically Seattle metro area
I think that's the point....for all the hype SV gets, Seattle should get some too....
Earlier quoted context omitted.
Seattle* is an anomaly. Roughly the 100th city worldwide by size, yet has 2 of the 5 largest companies in the world by market cap. * Technically Seattle metro area
I think that's the point....for all the hype SV gets, Seattle should get some too....
Unless Putin is on this list I doubt its veracity.
Earlier quoted context omitted.
End of financial year tomorrow.
eh is it? I thought it's end of Q2 tomorrow only. The $10 billion is probably the addition of Q1 and Q2 so far this fiscal year.
In the US, I think this is different. So this is a more dramatic result considering.
Earlier quoted context omitted.
It's only by choice that Amazon doesn't generate dividends.
That's speculation. Maybe the low prices are the real reason why Amazon is doing so well.
With a little math, we are not-too-many years from the world's first US$ trillionaire. Using Mr. Bezos as the example: US$ 72,000,000,000 Annualized gain of, say, 10% on AMZN stock Over a period of 27.6 years 1.1^27.6 * US$72,000,000,000 = ~US$ 1,000,000,000,000 Just in time for his 80th birthday.
Assuming 27 years of 10% compounding is quite the leap.
March 30, 1990: $7.38
March 29, 2017: $128.84
I am not saying it'll be Bezos, but someone will get there within the next 2-3 decades.
[edit] And while I'm at it, AMZN has returned 36%, annualized, over the last 10 years, encompassing the Subprime Mortgage crash.
For all the hype Silicon Valley gets, the companies of the world's 2 richest people are in the Seattle area.
Seattle has one of the lowest amounts of sun per year of all metros in the USA. It selects for those who are serious about work, more than weather.
I know myself well enough to know that I am less productive when I don't get sunlight. I suspect many other people are the same.